open – fin – info 2-42 june 13-14, 2013 open – fin – info 2-42 june 13-14, 2013 fy2015...
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OPEN – FIN – INFO 2-1
June 13-14, 2013
OPEN – FIN – INFO 2-1
June 13-14, 2013
FY2015 Preliminary State Capital Appropriations Request and Campus Capital Project Plans
UM
Board of Curators FINANCE COMMITTEE
June 13, 2013
OPEN – FIN – INFO 2-2
June 13-14, 2013
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Capital Planning
All planned projects greater than $5.0 million regardless of funding source & debt funded projects
Criteria used to prioritize projects:› the relationship to the campus strategic plan› facility renewal & reinvestment› functional sustainability› availability of funding› plans for on-going operational support
Additional criteria for projects proposed for state capital funding
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- Includes new construction, renovation, repair, replacement, preservation, additions- Funding sources: state, federal, debt, private, campus reserves
CAMPUS TOP PRIORITY OTHER
MU $ 361.8 m $ 1,289.0 m
MU Healthcare $ 121.7 m $ 0.0 m
UMKC $ 228.6 m $ 276.8 m
S&T $ 74.9 m $ 331.7 m
UMSL $ 198.8 m $ 536.5 m
Total $ 985.8 m $ 2,424.0 m
Capital Plans – Total $3.4 billion
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June 13-14, 2013
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Capital Projects in Process
$423 million in projects underway funded by debt, federal earmark, campus reserves, and gifts
2013 Debt Financed Projects› MU – Mark Twain Hall, Wolpers & Johnston, Virginia Avenue
South Housing, East Campus Chiller Plant, Stadium – East Side & West Side
› MU Health Care – Green Meadows› UMKC – Student Success Center› S&T – Geothermal Energy, Engineering Building› UMSL – Benton Stadler Addition, Wellness Center
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State Capital Appropriations
Categories of Funding:› Rehabilitation and New Construction› Engineering Equipment› Critical Facility Capital Repair, Renovation and Renewal Needs
OPEN – FIN – INFO 2-6
June 13-14, 2013
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State Support for Capital Projects
FY2001 - FY2014 FY 2001 - MU Life Sciences Building 29.9 m FY 2002 – MU Arena 31.1 m FY 2004 – UMKC Pharmacy/Nursing Building 30.5 m FY 2008 – LCDI Projects: S&T ME Addition, UMKC Pharmacy/Nursing, Dental Equipment, Ag Station Projects. 41.2 m FY 2009 – Ag Station & UMSL Optometry, UMKC Dental
Addition, MU Nursing/Health Professions planning 8.1 m FY 2010 – Mid Mo Renovations 13.0 m
14 YEARS TOTAL CAPITAL SUPPORT 153.8 m= $11.0 m/year or $2.2 m/year/campus
OPEN – FIN – INFO 2-7
June 13-14, 2013
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FY 2015 Capital Appropriations Request(Preliminary)
State Request Campus Total
Total Tier I $ 389,803,000 $ 19,975,000 $ 409,778,000
Total Tier II $ 104,436,000 $ 27,034,000 $ 131,470,000
Total Tier III $ 159,555,000 $ 28,829,000 $ 188,384,000
Total Rehab & New Construction
$ 653,794,000 $ 75,838,000 $ 729,632,000
Total Engineering Equip
$ 1,622,400 $ 1,622,400 $ 3,244,800
OPEN – FIN – INFO 2-8
June 13-14, 2013
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FY 2015 Tier 1 Capital Appropriations RequestRehabilitation & New Construction State Request Campus Total
Critical Facility Needs $194,053,000 $0 $194,053,000
Benton/Stadler Renovation-UMSL $62,800,000 $0 $62,800,000
College of Engineering-Lafferre Hall Reconstruction, Additions & Renovations-MU
$55,901,000 $13,975,000 $69,876,000
School of Medicine Renovation and Health Sciences Education Building Phase II-UMKC
$48,500,000 $6,000,000 $54,500,000
Chemistry and Biological Science Renovation-S&T
$28,549,000 $0 $28,549,000
Total Tier I $389,803,000 $19,975,000 $409,778,000
State Historical Society Building & Museum $50,107,000 $0 $50,107,000
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June 13-14, 2013
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FY 2015 Higher Education Capital Fund50/50 Match ProgramNew Construction State Request Campus Total
215 Volker – Entrepreneurial Innovation Center – UMKC
$7,500,000 $7,500,000 $15,000,000
Downtown Fine Arts Campus – UMKC $44,000,000 $44,000,000 $44,000,000
Engineering Lab Building – UMKC $8,000,000 $8,000,000 $16,000,000
College of Business Administration Building – UMSL
$10,000,000 $10,000,000 $20,000,000
Total 50/50 Match Projects $69,500,000 $69,500,000 $139,000,000